11.20.5

Termination Of Life Estates

Death

A life estate terminates upon the death of the person whose life measures the duration of the life estate. No probate proceedings are required to vest clear and marketable title in the reversioner or remainderman. However, the fact of the death of the life tenant must be made a matter of record through the recording of a death certificate, an affidavit of death, or a proper recital in a real estate instrument pertaining to the chain of title.

The Creating Instrument

A life estate may terminate, during the lifetime of the life tenant, upon the occurrence of any act providing for the termination in the instrument creating the life estate.

Merger Through Conveyance

A life estate may terminate by the merger of the estate of the life tenant and the estate of the reversioner or remainderman.

Statute

A life estate may terminate as otherwise provided by state statute.

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